bHANSAli ENqi NEERi NG polyM ERS li MiTEd

CIN: L27100MH1984PLC032637
Registered Office : 401 , 4th Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West), Mumbai - 400 058.
Tel. : (91-22) 2621 6060/61 /62163/64 •Fax : (91-22) 2621 6077 •E-mail : abstron@bhansaliabs.com •Website : www.bhansaliabs.com

BEPL/SEC/2020/248 11th October, 2020

To, To,
The BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department, Exchange Plaza, C - 1, S andra- Kurla
Phiroze Jeejeebhoy Towers, Complex, Bandra (East),
Dalal Street, Mumbai - 400 001 Mumbai - 400 051

Security Code: 500052 Security Code: BEPL

Sub: Outcome of Board Meeting - Sunday, 11th October, 2020.

Dear Sir/ Madam,

Pursuant to Regulation 30 read with Schedule III and other applicable regulations of
SEBI (Listing Obligation s and Disclosure Requir ements) Regulations , 2015, as
amended, please be informed that the Board of Directors of the Company at its
meeting held today, inter alia, considered and approved Un -Audited Financial Results
(Standalon e and Consolidated) for the quarter and h alf year end ed 30th September ,
2020, after the Limited Review by the Statutory Auditors .

The meeting of the Board of Directors commenced at 11 :30 AM and concluded at

We hereby enclose the following:

a. Limited Review Report on Un-Audited Financial Results (Standalone and

Consolidated) for the quarter and half year ended 30 th Sept ember , 2020,
issued by the Statutory Auditors of the Company; and

b. Copy of Un -Audited Financial Results (Standalone and Consolidated) for the

quarter and h alf year ended 30th September, 2020 .

Request you t o take the same on record.

Thanking you ,

Yours faithfully,
For Bhansali Engineering Polymers Limited

~
AsHwin M. Patel
Company Secretary & GM (Legal)

Encl: as above

Satnoor Plant : Bhansali Nagar, Taluka - Sausar, Dist. Chhindwara, Madhya Pradesh - 480 108.
Tel.: (07165) 226376-79 •Fax: (07165) 226380 I 81 •E-mail : beplchw @bhansaliabs.com
Abu Road Plant : Plot No. SP-138-143, Ambaji Industrial Area, Abu Road, Dist. Sirohi (Rajasthan) - 307 026
Tel. : (02974) 226781/82/83/84 •Fax : (02974) 226737 •E-mail : beplabr@bhansaliabs.com
!

AZAD JAIN & CO.

CHARTERED ACCOUNTANTS

..,
·.
JNDEPEND.E NT AUDITOR'S .. REVIEW REPORT ON THE QUAR~LY AND HALF
YEARLY UNAUDITED STANDALONE FINANCIAL RESULTS OF THE COMPANY
PURSUANT TO REGULATION 33 OF THE SEBI. (LISTING OBLIGATIONS AND
DISCLOSURE REQUIR~MENTS) REGULATIONS,2015
,.

Review Report to
.The Board of Directors,
Bhansali Engineering Polymers Limited,
Mumbai.

1) We ·have reviewed the accompanying Statement of Unaudited Standalone Financ:al

Resultsof Bhansali Engineering Polymers Limited(" the Company") for the quarterand 'h.a1f
.. ,
yearended 30111 September, 2020("the Statement"), being submitted by· the C~impany to the
Stock Exchanges viz. The BSE Limited ("BSE") and The National Stock Exchange of India
' Limited ("NSE")pursuant to . the requirements of Regnlalion 33 of th~ SEBI (Listing
. Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Regulation"),
· read with SEBI Circular No. CJR/CFD/CMD1/44/2019dated 29 1 ~ March, 2019 ("the Circular").

2) The preparation of the state~entin accordance with the .1:ecognition and, measurement ... .
principles laid down in India'n Accoun'ting Standards~, "Interim Financial Reporting", (Ind
AS 34) prescribed under Section 133 'of the Companies Act, 2013, as amended, read with
I

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releva nt rules issued thereunder and other accounting principles generally accepted in India, •I

read with the Circular .is the responsibility of the Company's management and has ~eeri
approved by the Board of Directors of the Company.Our ·responsibility is to expres~ a .'
conclusion on the Statement based on our review.
. . . .
3) We conducted our review in accordance with the Standard on Review Engagement (SRE) ; .,
2410, "Review of foteri111 Finnncinl lnfor111atio11 ' Pc1jorme'ri by Ille lndependent Auditor. of Entity
"("the $tn11dnrd"), issued by the Ir:istitute of Chartered Acccmntants of India. This Standard
requires U1at we plan and perform the review to ob'tain moderate assurance as to whether the ' ·
Statementis free ·cif., ~aterial misstatement. A review is ,limited .primarily to inquiries of ' :.
' Company personnel and analyticai procedures applied to financial data and
thm; provides I • I : .
less assur~ce than an audit. We have not p~rforrned an audit ~nd accordingly, w~ cl~ ·~ot .: : ... '' ·
express an audit opinion.. ' · ·: \ · · · '· · \ . . ·. "
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4) Based on our review conducted as stated above, nothing has come to our attention that
causes us to believe that the accompanying Statement,prepared in accordance with the
applicable Indian Accounting Standards ("Ind AS") prescribed under Section 133 of the
Companies Act, 2013 read with relevant rules issued thereunder and other recognized .,
accounting practices and policies, has not disclosed the information required to be disclosed
in terms of the Regulation, read with the circular, including the manner in which it is to be
disclosed or that it contains any material misstatement.

·.

Place: Mumbai
Date:l l 1h October, 2020

•.

....

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 • A CB-0~22·MS
An ISO 9001 : 2015 Company

bHANsAli ENGiNEERiNG polyMERs liMiTEd

CIN: L27100MH1984PLC032637
Registered Office : 401 , 4th Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West), Mumbai - 400 058.
Tel.: (91-22) 2621 6060/61/62/63/64 •Fax: (91 -22) 2621 6077 •E-mail : abstron@bhansaliabs.com •Website: www.bhansaliabs.com

STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2020 UNDER IND AS
(~I n lakhs) (Except Earning per share)
STANDALONE
PARTICULARS Quarter ended Half Year ended Year ended
30-09-2020 30-06-2020 30-09-2019 30-09-2020 30-09-2019 31-03-2020
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
INCOME
I Gross Revenue including GST 36.318.76 11 ,729.66 32.536.07 48,048.42 69,301 .32 1,29,530.37
II Less:GST Recovered 5,533.55 1.789.92 4,582.56 7,323.47 10,015.57 19,097.35
Ill Revenue from operations (Net of GST) (1-11) 30,785.21 9,939.74 27,953.51 40 724.95 59 285.75 1,10,433.02
IV Other Income 169.26 473.45 (44.03 642.71 484.10 590.06
v Total Income Clll+IVl 30 954.47 10,413.19 27 909.48 41,367.66 59,769.85 1,11,023.08
VI EXPENSES
(a) Cost of materials Consumed 12,109.62 8,116.57 16,196.33 20 ,226.19 29,893.97 59,264.98
(b) Purchase of stock-in-trade 7,631.23 5,033.98 7,979.63 12,665.21 19,955.77 31,881.99
(c) Changes in inventories of finished goods, 2,859.22 (4,741 .99) (1 ,327.66) (1,882.77) (2,034.04) (1,813.17)
work-in-progress and stock-in-trade
(d) Employee benefits expense 1,060.51 488.82 898.63 1549.33 1911.99 2870.06
(e) Finance Costs 5.46 1.28 2.88 6.74 5.49 11.23
(f) Depreciation & amortisation expenses 256.53 255.42 220.89 511.95 440.47 951 .77
llal Other exoenses 2,492.51 1374.89 2212.06 3867.40 4653.56 9595.08
TOTAL EXPENSES (a tog) 26,415.08 10,528.97 26,182.76 36 944.05 54,827.21 1,02,761.94
Profit /(Loss) before exceptional and extraordinary Items
VII 4,539.39 (115.78) 1,726.72 4,423.61 4,942.64 8,261 .14
and tax rv. Vil
VIII Exceptional Items . .
IX Profit /(Loss) before extraordinary Items and tax (VII· VIII)
4,539.39 (115.781 1,726.72 4 ,423.61 4 ,942.64 8,261.14
x Ex1raordinarv items . . . .
Profit I (Loss) before share of net profit/(loss) of Investment
4,539.39 (115.78) 1,726.72 4,423.61 4,942.64 8,261.14
accounted for using equity method and tax (IX -X)
XI

XII
Share of net profit/(loss) from Joint venture accounted for using
the eauitv method
.
XIII Profit I Clossl before tax CXl+Xlll 4 ,539.39 (115.78 1 726.72 4,423.61 4,942.64 8 ,261. 14
XIV Tax Expenses
(i) Current tax 1,000.00 . 221.00 1,000.00 1,221.00 2,050.63
(Ii) Deferred tax 2.57 8.89 (519.71] 11.46 (496.421 1471 .95'
xv Profit/ llossl for the oerlod I XIII- XIV l 3 536.82 (124.67: 2,025.43 3,412.15 4 218.06 6,682.46
XVI Other Comorehensive Income I llossl lnet of taxl 29.24 (26.46] 9.02 2.78 4.89 47.67
11otat comprenens1ve Income t (LOSS) ror tne pertoa \AV
XVII 3,566.06 (151 .13) 2,034.45 3 ,414.93 4,222.95 6,730.13
+XVI)
XVIII Paid Up Equity Share Capital 1,659.06 1,659.06 1,659.06 1,659.06 1,659.06 1.659.06
XIX Earnings per share (of ~. 1/- each) (not annualised)
(i) Basic 2.13 (0.08) 1.22 2.06 2.54 4.03
(ii) Oiluted 2.13 (0.08) 1.22 2.06 2.54 4.03

Notes: I I I
1 The Unaudited Standalone Financial Results have been prepared in accordance with the recognition and measurement principles provided in Indian Accounting Standards (lndAS
34), the provisions ol the Companies Act, 2013 (the Act), as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI) under SEBI (listing
Obligations and Disclosure Requirements) Regulations 2015, (SEBI (LODR) Regulations, 2015) as amended.
2 The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their meeting held on 11th October ,2020.The
Statutory Auditors of the Company have carried out a Limited Review of the aforesaid results in terms of Regulation 33 of SEBI (LODR) Regulati ons, 2015.
3 In accordance with Regulation 33 of the SEBI (LODR) Regulations, 2015, the above Unaudited Standalone Financial Results of the Company are posted on Company's website
(www.bhansaliabs.com) and on the website of BSE Limited (www.bseindia.com) and the National Stock Exchange of India Limited (www.nseindia.com), where the Company's
shares are listed.
4 The Company operates in a single segment namely ' Highly Specialized Engineering Thermoplastics".

...""'"'
Figures for the previous Period/ Year have been re-grouped/ reworked/ re-arranged wherevec necessary, t9"111ake them comparable.

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Place : Mumbai
Dated : 11th October , 2020
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Satnoor Plant : Bhansali Nagar, Taluka - Sausar, Dist. Chhindwara, Madhya Pradesh • 480 108.
Tel.: (07165) 226376-79 •Fax: (07165) 226380 I 81 •E-mail : beplchw@bhansaliabs.com
Abu Road Plant : Plot No. SP-138-143, Ambaji Industrial Area, Abu Road, Dist. Sirohi (Rajasthan). 307 026
Tel.: (02974) 226781 /82/83/84 •Fax : (02974) 226737 •E-mail: beplabr @bhansaliabs.com
 IJ..
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CB-022·MS
A n ISO 9001 : 2015 Company

b~ANsAli ENGiNEERiNG polyMERs liMiTEd

CIN: L27100MH1984PLC032637
Registered Office: 401, 4th Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West), Mumbai - 400 058.
Tel. : (91-22) 2621 6060/61 /62/63/64 • Fax : (91-22) 2621 6077 • E-mail : abstron @bhansaliabs.com •Website : www.bhansaliabs.com

STATEMENT OF UN AUDITED STANDALONE ASSETS AND LIAB ILITIES

FOR THE PERIOD ENDED 30TH SEPTEMBER, 2020
(~In lakhs)

Sr. As at 30th As at 31st March

Particulars
No. September 2020 2020
A Assets
1) Non-C11rrent Assets
(a) Property. Plant and Equipment 14,561 .96 14,952.77
(b) Capital work in progress - 151.58
(c) Intangible assets 7.39 8.76
(d) Financial assets
(i) Investments 150.00 150.00
(ii) Loans 2,000.00 2 ,143.70
(iii) Other financial assets 417.43 415.53
(e) other non-current assets 64.84 68.21

Total Non-Current Assets (A) 17,201.62 17,890.55

2) Current Assets
(a) Inventories 9,387.11 20,835.44
(b) Financial assets
(i) Trade Receivables 16,980.39 15,373.78
(ii) Cash and cash equivalents 4,227.10 5,567.63
(iii) Bank balances other than (ii) above 807.38 759.82
(iv) Loans 3,344.77 3,189.85
(v) Other Financial assets 367.87 219.21
(c) Other current assets 392.70 1,469.93

Total Current Assets (B) 35,507.31 47,415.66

Total Assets (A)+ (B) 52,708.93 65,306.21

B Equity & Llabllltles

1) Equity
(a) Equity share capital 1,659.06 1,659.06
(b) Other Equity 36,546.69 33,961 .29

Total Equity (A) 38,205.75 35,620.35

2) Llabllltles
Non-Current Llabllltles
(a) Financial Liabilities
(i) Other Non Current Financial Liability 43.92 43.92
(b) Long term provisions 409.63 377.55
(c) Deferred tax liabilities (Net) 1,647.57 1,635.17

Total Non-Current Llabllltles (B) 2,101.12 2,056.64

Current Liabilities
(a) Financial Liabilities
(i) Trade payables 11,194.63 27,230.74
(ii) Other Current Financial liabilities 499.17 124.10
(b) Other current liabilities 671 .02 213.24
(c)Short term provisions 37.24 61.14
(d) Current tax liabilities (Net) - -

Total Current Llabllltles (C) 12,402.06 27,629.22

Total Equity and Liabilities (A)+ (BJ +( C) 52 708.93 65 306.21

Satnoor Plant : Bhansali Nagar, Taluka - Sausar, Dist. Chhindwara, Madhya Pradesh - 480 108.
Tel. : (07165) 226376-79 • Fax : (07165) 226380 I 81 • E-mail : beplchw@bhansaliabs.com
Abu Road Plant : Plot No. SP-138-143, Ambaji Industrial Area, Abu Road, Dist. Sirohi (Rajasthan) - 307 026
Tel. : (02974) 226781/82/83/84 • Fax: (02974) 226737 • E-mail : beplabr@bhansaliabs.com
 - ~"' ~-
CB-022-MS
An ISO 9001 : 2015 Company

bl-tANsAli ENGiNEERiNG polyMERs liMiTEd

CIN: L27100MH1984PLC032637
Registered Office : 401 , 4th Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West), Mumbai - 400 058.
Tel.: (91-22) 2621 6060/61 /62/63/64 •Fax: (91-22) 2621 6077 •E-mail : abstron @bhansaliabs.com •Website : www.bhansaliabs.com

BHANSALI ENGINEERING POLYMERS LIMITED

Standalone Statement of cash Flow for the period ended 30th September, 2020

~In lakhs) (~In lakhs)

. Period ended Year ended
Particulars
30th September 2020 31st March, 2020

Cash flows from operating actlll'ltles q

Profit before tax as per statement of profit and loss 4,423.61 8,261.14
Adjustments to reconcile profit before tax to net cash flows
Depreciation of property, plant and equipment 510.57 946.74
Amortisation of Intangible Assets 1.37 5.04
Proflt/(Loss} on Disposal/Write Off of Fixed Assets (Net} 7.30 (0.21)
Net (galn)/loss on sale of Investments (111.84)
Interest Income (274.19) (437.14)
Finance costs 6.74 11.23
Unrealised exchange (gain)/ losses 224.70 224.70
Operating profit before working capital changes 4,900.09 8,899.66
Movement In Working Capita!:
Decrease I (Increase) In Inventories 11,448.33 (10,822.87)
Decrease I (Increase} In Trade and other receivables (1,606.61) 7,006.18
Decrease I (Increase} In bank balance other than cash and cash equivalents (47.56) (414.63)
Decrease I (Increase} In other non-current flnaclal assets (1.90} (186.70}
Decrease I (Increase} In other current flnaclal assets (93.17) 551.54
Decrease I Oncrease} In Other current assets 1,077.23 (l,076.67)
Decrease I (Increase) In Other non current assets (25.03)
Increase/ (Decrease) In Trade payable (16,260.81) 7,560.09
Increase I (Decrease} In Provision 11.90 (1.90}
Increase / (Decrease} In other current financial llabllltles 375.07 (184.01}
Increase/ (Decrease} In other non current flnanclal liabllltles 43.62
Increase/ (Decrease} In Other current liabilities 457.78 (419.671
Cash generated from/(used In} operations 260.37 10,929.62
Direct taxes paid, net of refunds (1,055.49) (2,117.38)
Net cash flow from/( used In} operating activities (A) 179S.12) 8,812.23

Cash flows from Investing activities

Purchase of Property, plant and equipment Including CWIP 20.SS (1,650.36}
Proceeds from sale of Property, plant and equipment 7.34 2.45
Net (galn)/loss on sale of Investments 111.84
Loans Given (751.02} (4,210.76)
Loans Repaid 739.80 1,023.25
Interest Income 274.19 437.14
Net cash from/(used In) Investing activities (B}
0 ........................_..29.o•.8.6=====-....===(4='=28=6•.4m4q}

Cash flows from financing activities

Finance costs {6.74} (11.23)
Dividend on equity shares (Including dividend distribution tax} (829.531 (1,000.04)
Net cash from/( used In) financing activities {C) (836.27) (l,011.27

Net Increase/ (decrease) In cash and cash equivalents {A+B+C) (1,340.53) 3,514.52
Cash and Cash equivalents at the beginning of period 5,567.63 2,053.11
Cash and Cash equivalents at the end of the period 4,227.10 5,567.63
Notes:
1. The above Cash Flow Statement has been prepared under the 'Indirect method' as set out in the Ind AS-7 on Statement of Cash Flow as notified
under Companies {Accounts} Rules, 2015.
2. Cash flow from operating activities Includes ~.38.79 lakhs {31st March,2019 ~. 191 .52 lakhs} being the expenditure towards Corporate Social
Responsibility.
3.Prevlous year's flgu res have been regrouped and rearranged wherever necessary.

Satnoor Plant : Bhansali Na gar, Taluka - Sausar, Dist. Chhindwara, Madhya Pradesh - 480 108.
Tel. : (07165) 226376-79 •Fax : (07165) 226380 I 81 • E-mail : beplchw@bhansaliabs.com
Abu Road Plant : Plot No. SP-138-143, Ambaji Industrial Area, Abu Road, Dist. Sirohi (Rajasthan) - 307 026
Tel. ; (02974) 226781/82/83/84 •Fax : (02974) 226737 •£-mail : beplabr@bhansaliabs.com
-,
.. . ..
AZAD JAIN & CO.
CHARTERED ACCOUNTANTS

... .
·.

... INDEPENDENT Al!DITOR'S REVIEW IU!PORT. O~l THE QUARTERLY Al\1D HALF
YEARLY UNAUDITED CONSOL10ATl3D PJNANCTAL RESUtTS OF THE COMPANY
PURSUANT TO THE REGULATION ~3 OP THE SEBI (LISTING OBLIGATIONS AND '
·· DISCLOSURE REQUIREMENTS) REGULATH~NS, 201.5.
·.
Review R,cport to
• • I

The Board of Directors,

Bhansali Enginee~g Polymers Limited,
Mumbai.

'I

· 1) We have reviewed the accompanying Statement of' Unaudited Consolidated Financial°

Results of BHANSALI ENGINEERING POLYMERS . LIMITED ('the Company'),
comprising its joint venture together, ('.the Group' ) for the quarter and half year end~d 301h
September ,2020 (' the Statement'), attached here with, being submitted by the Company . ..' .
pursuant to the requirement of Regulatio'n 33 of the SEBI (Listing Obligations and Disclosure · .
~ I I
Requirements) Regulations, 2015, as amended ('the Regulation') read with SEBI Circular'
No.CIR/CFD/CMDl/44/2019 dated 291h March, 2019 ("the Circular"). ...: .
..
·1
·, .
,1

2) This statement, which is the responsibility of the Parent's Management and approved by· th~ ' ,.
Parent' s Board of Directors in their meeting held onl1 111 October, 2020 has been prepared in . '. · ·<.: '
accordance with recognition and .measurement principles laid down in lndi an Accounting .• ·.', ,; , : ·.
1

Standards 34, " Interim Financial Reporting", (Ind AS 34) prescribed under Sectio~ 133 of the: " : ·, ', .. ":.'.[ :
Companies Act, 2013, as amended, rend with relevant Rules issued thereunder and. other ' ; •: . . ·
accounting principles generally accepted in India, read with the Circular. Our responsibii~.ty · ...
is to express a conclusion on the Statement based on ou'r review. · ··
r·
. . ...
3) We. conducted our review in accordance with the Standard on Review Engagement (SR~) .
241 O,"Review of 111/eri111 Fi11nncinl Informntiv11 Performed by the Independent' Auditar· of Entity ,· '
"("the Stnndnrri "), issued by the Institute of Chartered Accountants of India. A revielv o( ,·+ " " I

interim financial information consists of making inquiries, primarily of P.e rsons resp~n~ible: ·.. '... '· ·
for financi<1l and accounting matters, nnd applying analytical and other'·revi~w pr0ce<l.itres.
A review is substantially less in scope than an audit conducted in ac~ordance with Standard~ ·, 1 ,
on Auditing and consequently docs not enable ·u s to obtain nssu rance·ti1at we v;roul~ bec:ori;'le
aware of all significant matters that might be identified in · (O.J ccor~ingly, we dod:4n
.t': ... 't
express an audit opinion. · ~ ~ ~~
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Partner
Membership Number: 400600

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: Date :llll•October; 2020

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 •~ CB-022-MS
An ISO 9001 : 2015 Company

bHANSAli ENqiNEERiNq polyMERS liMiTEd

CIN: L27100MH1984PLC032637
Registered Office: 401, 4th Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West) , Mumbai - 400 058.
Tel.: (91 -22) 2621 6060/61/62/63/64 •Fax: (91-22) 2621 6077 •E-mail: abstron@bhansaliabs.com •Website : www.bhansaliabs.com

STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2020 UNDER IND AS
(t .in lakhs) (Except Earning per s hare)
CONSOLIDATED
P ART I CU L ARS Quarter en ded Half Year en ded Year ended
30-09-2020 30-06-2020 30-09-2019 30-09-2020 30-09-2019 31-03-2020
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
INCOME
I Gross Revenue including GST 36.318.76 11.729.66 32,536.07 48.048.42 69,301 .32 1.29.530.37
II Less:GST Recovered 5,533.55 1.789.92 4,582.56 7,323.47 10,015.57 19,097.35
Ill Re venue from o porations (Net of G ST) (1-11) 30,785.21 9,939.74 27,953.51 40,724.95 59,285.75 1,10,433.02
IV Other Income 169.26 473.45 (44.03 642.71 484. 10 590.06
v Total Income (lll+IV) 30,954.47 10,413.19 27,909.48 41 ,367.66 59,769.85 1 11 ,023.08
VI EXPENSES
(a) Cost of materials Consumed 12,109.62 8 ,116.57 16,196.33 20,226.19 29,893.97 59,264.98
(b) Purchase of stock-in-trade 7,631.23 5,033.98 7,979.63 12,665.21 19,955.77 31,881.99
(c} Changes in inventories of finished goods, 2,859.22 (4,741.99) (1,327.66) (1,882.77) (2,034.04) (1,813.17)
work-in-progress and stock-in-trade
(d) Employee benefits expense 1,060.51 488.82 898.63 1,549.33 1,911 .99 2870.06
(e} Finance Costs 5.46 1.28 2.88 6 .74 5.49 11.23
(f} Depreciation & amort isation expen ses 256.53 255.42 220.89 511.95 440.47 951.77
(g) Other expenses 2.492.51 1,374.89 2.21 2.06 3,867.40 4,653.56 9595.08
TDTAL EXPENSES (atog) 26,415.08 10,528.97 26,182.76 36,944.05 54,827.21 1,02,761 .94
Profit I (Loss) before exceptional a nd extraordinary item s
VII 4,539.39 (1 15.78) 1,726.72 4,423.61 4,942.64 8,261 .14
and tax IV - VII
Viii Exceotional Items - - -
IX Profit I (Loss) befo re extraordinary items and tax (VII- VIII) 4,539.39 (115.78)
1,726.72 4,423.6 1 4,942.64 8,261.14
x Extraordinarv items -
Profit I (Lo ss)before share of net profit/( loss} of investm ent
4,539.39 (115.78) 1,726.72 4,423.61 4,942.64 8,261 .14
accounte d for using equity method and tax (IX -X)
XI
Share of net profit/(loss} from Joint venture accounted for using
XII the eauitv method 13.77 (13.93 11.32 C0.16) 23.35 18.99
XIII Profit I Clossl before tax CXl+Xlll 4,553.16 (129.71 1,738.04 4 ,423.45 4 ,965.99 8,280.13
XIV Tax Expenses
(i} Current tax 1,000.00 221 .00 1,000.00 1221.00 2050.63
(ii) Deferred ta x 2.57 8.89 (519.71 ) 11.46 (496.42) (471.95)
xv Profit I (Loss) for the peri od ( XIII- XIV ) 3,550.59 (138.60) 2,036.75 3,4 11 .99 4,241.41 6,701 .45
XVI Other Comprehensive Income I (loss} (net of tax) 29.24 (26.461 9.02 2.78 4.89 47.67
Total c om prehensive Income I (Loss) for the period \AV
XVII +XVI) 3,579.83 (165.06) 2,045.77 3,414.77 4,246.30 6,749.12

XVIII Paid Up Equity Share Capital 1.659.06 1.659.06 1.659.06 1,659.06 1,659.06 1.659.06
XIX Earnings per share (oft.1/- each) (not annualised)
(i} Basic 2.14 (0.08) 1.23 2.06 2.56 4.04
(ii) Diluted 2.14 (0.08) 1.23 2.06 2.56 4.04

Notes :
1 The Unaudited Consolidated Financial Results have been prepared in accordance with the recognition and measurement principles provided in Indian Accounting Standards (lndAS
34), the provisions of the Companies Act. 2013 (the Act}. as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI} under SEBI (listing Obligations
and Disclosure Requirements) Regulations 2015. (SEBI (LODR) Regulations. 2015) as amended.
2 The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their meeting held on 11th October ,2020.The Statutory
Auditors of the Company have carried out a Limited Review of the aforesaid results in terms of Regulation 33 of SEBI (LODR} Regulations, 2015.
3 In accordance with Regulation 33 of the SEBI (LODR) Regulations. 2015. the above Unaudited Consolida ted Financial Results of the Company are posted on Company's website
(www.bhansaliabs.com} and on the website of BSE Limited (www.bseindia.com} and the National Stock Exchange of India Limited (www.nseindia.com), where the Company's shares
are listed.
4 The Company operates in a single segment namely "Highly Specialized Engineering Thermoplastics".

5 Figures for the previous Period/ Year have been re-grouped/ reworked/ re-arranged w~ere~er necessary, loyake them comparable.

~-~;,,,
Place : Mumbai
Dated : 11th October, 2020 DIN:00102930 ~e
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MUMBAI

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Satnoor Plant : Bhansali Nagar, Taluka - Sausar, Dist. Chhindwara, Madhya Pradesh - 480 108.
Tel.: (07165) 226376-79 •Fax: (07165) 226380 I 81 •E-mail: beplchw@bhansaliabs.com
Abu Road Plant : Plot No. SP-138-143, Ambaji Industrial Area, Abu Road, Dist. Sirohi (Rajasthan) - 307 026
Tel. : (02974) 226781/82/83/84 • Fax: (02974) 226737 •E-mail : beplabr@bhansaliabs.com
 · c~s An ISO 9001 : 2015 Company

bHANSAli ENqiNEERiNq polyMERS liMiTEd

CIN: L27100MH1984PLC032637
Registered Office : 401 , 4th Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West), Mumbai - 400 058.
Tel.: (91-22) 2621 6060/61/62/63/64 • Fax: (91-22) 2621 6077 •E-mail : abstron@bhansaliabs.com •Website: www.bhansaliabs.com

STATEMENT OF UNAUDITED CONSOLIDATED ASSETS AND LIABILITIES

FOR THE PERIOD ENDED 30TH SEPTEMBER, 2020
rll' in lakhsl
Sr. As at 30th As at 31st March
Particulars
No. Seotember 2020 2020
A Assets
1) Non -Current Asset s
(a) Property, Plant and Equipment 14,561.96 14,952.77
(b) Capital work in progress - 151.58
(c) Intangible assets 7.39 8.76
(d) Financial assets
(i) Investments 150.67 150.84
(ii) Loans 2,000.00 2,143.70
(iii) Other financial assets 41 7.43 415.53
(e) Other non-current assets 64.84 68.21

Total Non-Current Assets (A) 17,202.29 17,891 .39

2) Current Assets
(a) Inventories 9,387.11 20,835.44
(b) Financial assets
(i) Trade Receivables 16,980.39 15,373.78
(ii) Cash and cash equivalents 4 ,227.10 5,567.63
(iii) Bank balance s other than (ii) above 807.38 759.82
(iv) Loans 3 ,344.77 3,189.85
(v) Other Financial assets 367.87 21 9.2 1
(c) Other current assets 392.70 1,469.93

Total Current Assets (B) 35,507.31 47,415.66

Total Assets (A)+ (B) 52,709.61 65,307.05

B Equity & Liabilities

1) Equity
(a) Equity share capital 1,659.06 1,659.06
(b) Other Equity 36,547.37 33,962.13

Total Equity (A) 38,206.43 35,621.19

2) Liabilities
Non-Current Liabilities
(a) Financial Liabilities
(i) Other Non Current Financial Liability 43.92 43.92
(b) Long term provisions 409.63 377.55
(c) Deferred tax liabilities (Net) 1,647.57 1,635.17

Total Non-Current Liabilities (B) 2 101.12 2,056.64

Current Liabilities
(a) Financial Liabilities
(i) Trade payables 11 ,194.63 27,230.74
(II) Other Current Financial liabilities 499. 17 124.10
(b) Other current liabilities 671 .02 213.24
(c)Short term provisions 37.24 6 1.14
(d) Current tax liabilities (Ne t) - -
Total Current Liabil ities (C) 12,402.06 27,629.22

Total Equity and Liabilities (A)+ (B) +( C) 52,709.61 65,307.05

Satnoor Plant : Bhansali Nagar, Taluka - Sausar, Dist. Chhindwara, Madhya Pradesh - 480 108.
Tel. : (07165) 226376-79 • Fax : (07165) 226380 I 81 • E-mail : beplchw @bhansaliabs.com
Abu Road Plant : Plot No. SP-138-143, Ambaji Industrial Area, Abu Road, Dist. Sirohi (Rajasthan) - 307 026
Tel.: (02974) 226781/82/83/84 •Fax : (02974) 226737 •E-mail : beplabr@bhansaliabs.com
 ~
CB--022-MS
An ISO 9001 : 2015 Company

bHANSAli ENqiNEERiNq polyMERS liMiTEd

CIN : L27100MH1 984PLC032637
Registered Office : 401 , 4th Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West), Mumbai - 400 058.
Tel. : (91-22) 2621 6060/61 162/63/64 • Fax : (91-22) 2621 6077 • E-mail : abstron @bhansaliabs.com •Website : www.bhansaliabs.com

BHANSALI ENGINEERING POLYMERS LIMITED

Consolidated Statement of Cash Flow for the period ended 30th September, 2020

I' in lakhs) ('In lakhs)

Period ended Year ended
Particulars
30th Sentember 2020 31st March 2020

Cash flows from operating activities

Profit before tax as per statement of profit and loss 4,423.61 8,261.14
Adjustments to reconcile profit before tax to net cash flows q
Depreciation of property, plant and equipment 510.57 946.74
Amortisation of Intangible Assets 1.37 5.04
Profit/( Loss) on Disposal/Write Off of Fixed Assets (Net) 7.30 (0.21)
Net (gain)/loss on sale of investments - (111.84)
Interest income (274.19) {437.14)
Finance costs 6.74 11.23
Unrealised exchange (gain)/ losses 224.70 224.70
Operating profit before working capital changes 4,900.09 8,899.66
Movement in Working Capital:
Decrease I (increase) In Inventories 11,448.33 {10,822.87)
Decrease I (increase) in Trade and other receivables (1,606.61) 7,006.18
Decrease/ (increase) in bank balance other than cash and cash equivalents (47.56) {414.63}
Decrease I (Increase) in other non-current financial assets {1.90) (186.70)
Decrease I (increase) in other current financial assets (93.17) 551.54
Decrease I (increase) in Other current assets 1,077.23 (1,076.67)
Decrease I (increase) in Other non current assets - (25.03)
Increase I (Decrease) in Trade payable (16,260.81) 7,560.09
Increase I (Decrease) in Provision 11.90 (1.90}
Increase / (Decrease) in other current financial liabilities 375.07 (184.01)
Increase/ (Decrease) in other non current financial liabilities - 43.62
Increase/ (Decrease) In Other current liabilities 457.78 (419.67)
Cash generated from/( used In) operations 260.37 10,929.61
Direct taxes paid, net of refunds {1 055.491 12117.381
Net cash flow from/( used In) operating activities (Al 1795.121 8,812.23

Cash flows from Investing activities

Purchase of Property, plant and equipment including CWIP 20.55 (1,650.36)
Proceeds from sale of Property, plant and equipment 7.34 2.45
Net (galn)/loss on sale of Investments - 111.84
Loans given (751.02) (4,210.76)
Loans repaid 739.80 1,023.25
Interest Income 274.19 437.14
Net cash from/( used In) Investing activities (BJ 290.86 14 286.44

Cash flows from financing activities

Finance costs (6.74) (11.23)
Dividend on equity shares (Including dividend distribution tax) 1829.531 11000.041
Net cash from/( used In) fina ncing activities (C) 1836.271 11,011.21:

Net Increase/ {decrease) In cash and cash equivalents {A+B+C) (1,340.53) 3,514.52
Cash and Cash equivalents at the beginning of period_ 5,567.63 2,053.11
Cash and Cash equivalents at the end of the period 4,227.10 S,567.63
Notes:
1. The above Cash Flow Statement has been prepared under the 'Indirect method' as set out in the Ind /lS-7 on Statement of Cash Flow as
'y
notified under Companies (Accounts) Rules, 2015.
2. Cash flow from operating activities Includes ,.38.79 lakhs (31st March,2020 ,.191.52 lakhs) being the expenditure towards Corporate Social
Responsibility.
3.Previous year's figures have been regrouped and rearranged wherever necessary.

Satnoor Plant : Bhansali Nagar, Taluka - Sausar, Dist. Chhindwara, Madhya Pradesh - 480 108.
Tel.: (07165) 226376-79 •Fax: (07165) 226380 / 81 •E-mail: beplchw@bhansaliabs.com
Abu Road Plant : Plot No. SP-138-143, Ambaji Industrial Area, Abu Road, Dist. Sirohi (Rajasthan) - 307 026
Tel. : (02974) 226781 /82/83/84 •Fax : (02974) 226737 •E-mail: beplabr@bhansaliabs.com